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On January 1 , 2 0 2 5 , Sheffield Company issued $ 2 1 6 , 0 0 0 of 8 % , 1
On January Sheffield Company issued $ of year bonds at par. Intere
On June Tamarisk Company issued $ of year bonds dated January
For each of these two independent situations, prepare journal entries to record the following. If no
entry is required, select No Entry" for the account titles and enter for the amounts. Credit account titles
are automatically indented when the amount is entered. Do not indent manually. List all debit entries
before credit entries.
a The issuance of the bonds.
b The payment of interest on July
c The accrual of interest on December
Date Account Titles and Explanation
Debit
Sheffield Company:
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